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Pix

Pix is a Brazilian instant payment system developed by the Central Bank of Brazil, offering fast, secure, and 24/7 transactions. Launched in 2020, it allows users to make payments, transfer money, and receive funds directly from their bank accounts in real time. Pix works seamlessly across various financial institutions, making it accessible to a broad range of users in Brazil.

One of Pix’s standout features is its availability—users can complete transactions at any time, including weekends and holidays, with funds transferred almost instantly. It’s free for individuals and very easy to use, requiring only a unique key like a phone number, email, or a generated code to send or receive money.

Pix has quickly gained popularity in Brazil for its convenience, speed, and security, becoming a preferred choice for digital payments and transfers in both personal and business transactions across the country.